https://www.taxtmi.com/caselaws?id=306747 The Appellate Tribunal partially allowed the appellant's appeal, directing further examination by the Assessing Officer/Transfer Pricing Officer on the treatment of outstanding receivables as an international transaction. The Tribunal emphasized the need to assess the impact of outstanding receivables and working capital adjustment on the provision of information technology enabled services, ensuring a fair hearing and determination of the arm's length nature of the transaction. The issue of re-characterization of outstanding receivables as an unsecured loan was considered infructuous and dismissed. en-us Thu, 23 Jul 2020 00:00:00 +0530 Thu, 23 Feb 2023 02:54:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306747 The Appellate Tribunal partially allowed the appellant's appeal, directing further examination by the Assessing Officer/Transfer Pricing Officer on the treatment of outstanding receivables as an international transaction. The Tribunal emphasized the need to assess the impact of outstanding receivables and working capital adjustment on the provision of information technology enabled services, ensuring a fair hearing and determination of the arm's length nature of the transaction. The issue of re-characterization of outstanding receivables as an unsecured loan was considered infructuous and dismissed. Case-Laws Income Tax Thu, 23 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306747